Question: Risk Response and Contingency CASE: MEDICAL DEVICE IMPLEMENTATION medical device company just won a contract to place their devices into the cancer clinic at a

Risk Response and Contingency

CASE: MEDICAL DEVICE IMPLEMENTATION medical device company just won a contract to place their devices into the cancer clinic at a hospital. The hospital currently uses a competitors' device in the rest of the hospital. The win is significant, and it counts towards strategic sales targets for new business. The sales manager needs help from the Conestoga PostGrad students as the assigned project manager is not following best practices. The meeting minutes represent all the documentation and information available to the project team. Your professor has added a high-level project budget, RBS, heat map, and impact scale to understand the project better. PLEASE MAKE a risk register based on the information available to support this project. The Sales Manager is very concerned the project experience will decrease the customer's confidence in his company. Note: This is an actual example of a project one of our faculty recently provided consulting.

The minutes in the case are real. Names and other identifiers are changed.

PROJECT INFORMATION (DRU COSTS ONLY)

Budget:$432,369.00

Schedule:39

Business DaysPriority: Schedule,

Customer SatisfactionPenalties:$8,000 per day

late working Hours: Monday to Friday 35 hours per week (7 hours per day)

Risk Response and ContingencyCASE: MEDICAL DEVICE IMPLEMENTATION medical device company just won

a contract to place their devices into the cancer clinic at a

\fRisk Impac Risk EMV Cost EMV Dur Risk Statement Probability Risk Rating ID Type (show all work) (show all work) Risk Category 2 3 4 5Relative Scale / Impact Impact Rating Cost Time (Days) Very Low 0-5% 0-1 -1- Low 5-10% 1-2 -2- Moderate 10-15% 2 - 3 -3- High 15-20% 3 - 4 -4- Very High > 20% 5+ -5

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